Kuwait-German Company Elects New Board of Directors

The Kuwait-German Holding Company held a general assembly, approved financial statements, and elected a new board of directors, with no dividends distributed.
Translated by Qiyas from الجريدة — Original source
Kuwait German Holding Company held its ordinary general assembly today, with an attendance rate of 91.9%. The assembly discussed and approved the board of directors’ report, financial statements, and balance sheet. It also adopted the auditor’s report and the discharge of the board members, and reviewed related-party transactions for the past year (2025) as well as those conducted in 2026.
The general assembly resolved not to distribute dividends for the past year and not to pay bonuses to board members. A new board of directors was elected, comprising: Al Sahel Investment Company (its representative to be named later), Hassan Jawhar, Al Ansar Al Nasser Al-Sayer Company, Al Ghad Project Management Company, Al Man’i Holding Group, and Kuwaiti Achievements Company. Two additional members will be appointed later, representing the share of Dr. Khaled Abdul Latif Al-Suhail.